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Results of an Oracle Utilities survey released this morning show that electric utilities in Canada and the US are only in the early stages of putting smart meter data good use. But they could be doing a better job of using the data they are collecting. The survey was of 151 utility executives in Canada and the United States. The study, Utility Transformations - Big Data, Bigger Opportunities: Plans and Preparedness for the Data Deluge, shows that utilities on both sides of the 49th Parallel are collecting significantly more interval data from smart meters. The frequency at which they are gathering smart meter data is 180 times more than in the past - every four hours compared to once a month. And the vast majority of them are collecting information such as outage and voltage data. Linda Jackman, group VP of industry strategy for Oracle Utilities, tells Canadian Green Tech in an interview that despite the improvement on the data collection front, utilities aren't using the data as effective as they could be. She was surprised to find utilities collecting certain types of data, but then not using that data to inform business decisions. According to the results, 78% of utilities surveyed are collecting outage data with 59% of them using, meaning nearly 20% aren't correlating outage data with customer communications as an example. For voltage data, the levels are 73% and 57%, respectively. "In outage and voltage data, the fact that everybody is not collecting that data, I think is surprising. You've rolled out a smart meter and you're not collecting outage data when it has the ability to talk to you around outage data? Why am I not collecting it? But then only 60% of them are using it once they have collected it, I think is also surprising," says Jackman. "So what we're seeing is that utilities are still in this very early stage and very formative stage of collecting the data but actually don't know what [they're] going to do with

Highlighting a recent Oracle survey revealing Canadian and American utility executives' outlook on smart grid benefits and opportunities for businesses in the next 10 years including comments from Brad Williams, vice president for product management, Orac